The rate for a 30-year fixed-rate mortgage was 6.81% this week, down from last week when it averaged 6.83%, according to Freddie Mac. A year ago, the rate was 7.17%. The rate for a 15-year fixed-rate mortgage was 5.94%, down from last week when it was 6.03%. A year ago, the rate was 6.44%.
In a video message, Treasury Secretary Scott Bessent told students across the U.S. that their participation in Teach Children to Save Day represents their first step toward wise money management.
More than one in three Americans are not confident they have enough savings to cover unexpected bills, according to a new survey by TD Bank.
Existing home sales declined 5.9% in March to a seasonally adjusted annual rate of 4.02 million, the National Association of Realtors said. Sales were down 2.4% from a year ago.
New orders for manufactured durable goods increased $26.6 billion or 9.2% in March to $315.7 billion, the U.S. Census Bureau said in its most recent advance report.
Banks across the country will participate today in the ABA Foundation's 28th annual Teach Children to Save Day.
Reported losses from suspected internet crimes exceeded $16 billion in 2024, representing a 33% increase from the year before, the FBI’s Internet Crime Complaint Center said in its annual report.
